Germany: Dark clouds appearing - ING

Analysts at ING suggest that some dark clouds have appeared in the German economic sky.

Key Quotes

“The increased protectionist drive would definitely hurt the self-proclaimed export world champion, and Italian politics and the continuing migration crisis could slow down the current euphoria. And then there are longer-term challenges such as ageing and digitalisation.”

“Complacency is not an option. The German economy needs new investments and structural reforms. Improving the digital infrastructure is urgently needed as digitalisation is key.”

“While Germany has a digital agenda for 2025 - a lot needs to be done to become a real forerunner.”